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Gary:
You can make remarks like that, but I for one and several of my friends
trade it, and we think it is the closest thing to the Holy Grail there is so
far. The results are nothing but excellent in my opinion and you can have
everything else I got, but my book "New Trading Dimensions" and that trading
system. Yes you are right about the fractals and alligator, which is nothing
more then exponential moving averages(5-8-13) and his MACD(5-34-5). I don't
know your source and really don't care, because I am through struggling. I
have traded for years and the mind consuming decisions I use to make, is no
more and find it nothing but pure joy to trade, also very boring. Now I
don't use his software, but I understand it is built on his indicators,
which is what I have and use. Now Bill Williams uses daily and hourly and I
use hourly and 10 min. charts, but I don't think that should matter.
Have a good day
charley
----- Original Message -----
From: Gary Fritz <fritz@xxxxxxxx>
To: <charleydan1@xxxxxxxxxxxxx>
Sent: Wednesday, December 15, 1999 10:57 AM
Subject: Re: [RT] Re: Is trading system necessary for a successful trading?
> > I only know of two trading systems that would work as a trading
> > system and make money consistently and with repectable earnings.
> > One system would be Nick VanNice, because all he uses is moving
> > averages and stochastics, he sells no software tho.
>
> So VanNice's system actually works, eh? I've heard mixed reviews.
> What kind of results have you seen with it?
>
> > Bill Williams, who has written his own software. I have not
> > purchased it but have been using his system(copied his indicators
> > and programed them into by software) which is built on moving
> > averages and MACD, and it works great.
>
> The heck! Almost *EVERYTHING* I've ever heard about BW's stuff is
> that it's all hacked-together junk with fancy meaningless names like
> "fractals" and "alligators" but it doesn't actually work. Again,
> could I ask what kind of results you see?
>
> Gary
>
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